Upfront advances based on your monthly card turnover

Finance your business up to £500,000 within 24 hours.
You repay via a small percentage of all future card transactions.

Apply Now | About us

Get funded up to £500,000.
Start growing your business today.

Apply Now | About us

Finance your business up to £500,000 within 24 hours

  • Repay at your own pace
  • No hidden costs
  • Flexible rates
  • Only repay when you get paid
  • 24-hour approval
  • 90% approval rates

How does it work?

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Upfront advances

Based on your card transactions.

Upfront advances

Based on your card transactions.

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Pay As You Trade

We take a small percentage of all future card sales.

Pay As You Trade

We take a small percentage of all future card sales.

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Flexible repayments

When business is slow, you pay less.

Flexible repayments

When business is slow, you pay less.

Easy online application

Take 2 minutes to fill out our online application form. It’s free and there are no commitments.

Get funded

Once approved, we provide you with an upfront advance. This is usually up to 100% of your average monthly card turnover.

Grow your business

Use the advance in any way your business needs! Most companies use the funds to buy stock, refurbish or manage cash flow gaps.

Flexible repayments

We take a small, agreed % of all future card sales. You only repay when customers pay you!

Our Merchant Cash Advance product is specifically designed for small businesses that accept credit or debit cards. We provide you with an upfront advance of up to 100% of your average monthly card turnover, to use in any way that your business needs. We take an agreed percentage (typically 8-15%) of your daily card takings which will be deducted as payment until settled.

The beauty of this product is that you repay at your own pace. Or to be precise, at the pace your business grows. Because repayments rise and fall with your sales, you’ll never need to worry about being short at the end of the month. And because there’s no fixed term to the repayments, there’s never really any pressure. With pay as you trade, there is no such thing as a missed payment. You pay only when you earn.

Benefits

  • Repay at your own pace
  • Only repay when you sell
  • No hidden costs
  • Flexible rates (1.15 – 1.25)
  • 24-hour approval
  • 90% approval rates

Success stories

Merchant Money fund The Borough to become nation’s pride – their story.

Success stories

See how this pub used Merchant Money to become nation’s pride.

Do I Qualify?

  • Accept card payments
  • UK registered company
  • In operation for more than 6 months
  • Monthly average of over £3,500 in card sales

Pricing

What will it cost? That depends on the product you will apply for. Select one of the products on the tabs below and get an idea of the minimum repayments.

Fast, Transparent Pricing

Use our quick estimate calculator to get an idea of the advance you could be receiving.
£

Estimated Daily Repayment -


Maximum Loan Value -

Apply Now
*Your estimated daily repayment is based on your monthly card turnover. We take an agreed percentage of all future card sales, big or small, until your advance is fully repaid. To find out exact amounts you should speak to us or apply for free. Full terms and conditions will be in the loan offer.

Fast, Transparent Pricing

Use our quick estimate calculator to get an idea of the Business Loan you could be receiving.
£
6 repayments from £3571
*
Get a real quotation in minutes with a 24 hour approval
Apply Now
*Please note that this calculation is an estimate only. To find out exact amounts you should speak to us or apply for free.
Full terms and conditions will be in the loan offer.

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Frequently Asked Questions

How do I qualify for a Pay As You Trade (PAYT)?
  • We welcome your application if you accept cards and can prove a minimum of £3,000 in card transactions per month.
  • Ideally, you will have been in business for more than 6 months.  We don’t cover start-ups.
  • Our aim is to fund small businesses, so we like to be as flexible as we can in approving applications.
What interest and other costs do I pay on the advance?
  • No interest.
  • One straightforward cost is agreed upfront.
  • No application fees, admin charges or hidden extras.
What are the advantages of a PAYT over a regular bank loan?
  • No fixed repayments and no late fees.
  • You pay only when you sell.
  • When monthly sales are down, the repayment falls in tandem.
  • Single, transparent, pre-agreed cost – no interest or complicated repayment calculations.
  • Simple application process.
  • 90% approval rate.
  • 24 hours approval. Funds in your account within days.
How much can apply for?

Apply instantly for advances between £1,000 and £500,000.

Do I have to provide security for the advance?

No.

How much will it cost?

Simple pre-agreed cost will be based on your business profile and ability to repay.

Is the period for paying back fixed?
  • This is down to how your business performs. The higher your sales the quicker the payback; and vice versa.
  • Compared with a other business loans our interest rates are competitive.
  • We discuss options with you, and agree on the interest that will apply.
  • After that you’re in control of the payback period.
Can I repay early?
  • Yes. With an PAYT, one straightforward cost is agreed upfront.
  • Though repayments are tied to earnings to make things as easy and convenient as possible for you, you may settle whenever you wish.
  • No additional fee will be charged for early repayment.
Do you control how I spend the money?
  • No. Use it however you wish.
  • It could be that you need fast funds for procuring stock at a discount, expanding production, or hiring new talent. You know best, so we don’t judge.
Why do I need a card terminal?
  • The Pay As You Trade is based on your future credit and debit card sales.  
  • The advance is repaid via a small pre-agreed percentage of your monthly card sales, debitted through your card terminal.
  • Repayments only take effect through card sales, so you keep 100% of your cash sales.
Which card terminal providers do you work with?

We have relationships with all major merchants, and work with all terminal providers.

Can I get ongoing finance for my business?
  • Most certainly.
  • Merchant Money processes are flexible, making it easy for you to apply for additional funding.
Still have questions?
Speak to one of our online consultants
or call us on 0800 848 8480